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Apr 24, 2012, 08.40 AM IST
Geometric Software has reported a profit after tax of Rs 12.7 crore in the fourth quarter of FY12, a drastic fall of 40% as compared to Rs 21.2 crore in the previous quarter.
EBITDA fell to Rs 27.8 crore from Rs 40.8 crore and EBITDA margin declined at 12.4% versus 18.6% during the same period. Revenues increased 2.7% to Rs 224.9 crore from Rs 219 crore quarter-on-quarter. Margins and PAT were impacted by provisions of Rs 8.2 crore on account of reconciliation of debtors plus consultant fee of Rs 2.7 crore. FY13 guidance Geometric expects dollar revenue growth at 16-18% in next financial year 2012-13 and sees EPS growth at 10%.
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